Rishabh Digha Steel and Allied Products (BOM:531539) Days Payable: 1.03 (As of Mar. 2026) — 59% Below Median

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BOM:531539 Rishabh Digha Steel and Allied Products Ltd BOM:531539
30 GF Score
Price ₹41.31
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What is Rishabh Digha Steel and Allied Products Days Payable?

Rishabh Digha Steel and Allied Products BOM:531539 +6.14% 30 Days Payable is 1.03 as of Mar. 2026, which is 59% below its 10-year median of 2.54. GuruFocus rates BOM:531539 with a GF Score™ of 30/100. Among 598 Steel companies, Rishabh Digha Steel and Allied Products ranks worse than 98.49% on this metric.

Rishabh Digha Steel and Allied Products's average Accounts Payable for the three months ended in Mar. 2026 was ₹0.07 Mil. Rishabh Digha Steel and Allied Products's Cost of Goods Sold for the three months ended in Mar. 2026 was ₹5.93 Mil. Hence, Rishabh Digha Steel and Allied Products's Days Payable for the three months ended in Mar. 2026 was 1.03.

The historical rank and industry rank for Rishabh Digha Steel and Allied Products's Days Payable or its related term are showing as below:

BOM:531539' s Days Payable Range Over the Past 10 Years
Min: -2.08   Med: 2.54   Max: 53.96
Current: 2.06

During the past 13 years, Rishabh Digha Steel and Allied Products's highest Days Payable was 53.96. The lowest was -2.08. And the median was 2.54.

BOM:531539's Days Payable is ranked worse than
98.49% of 598 companies
in the Steel industry
Industry Median: 41.37 vs BOM:531539: 2.06

Rishabh Digha Steel and Allied Products's Days Payable increased from Mar. 2025 (0.59) to Mar. 2026 (1.03). It may suggest that Rishabh Digha Steel and Allied Products delayed paying its suppliers.


Rishabh Digha Steel and Allied Products Days Payable Related Terms


Rishabh Digha Steel and Allied Products Days Payable Historical Data

* Premium members only.

The historical data trend for Rishabh Digha Steel and Allied Products's Days Payable can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Rishabh Digha Steel and Allied Products Days Payable Chart

Rishabh Digha Steel and Allied Products Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 53.96 2.37 2.54

Rishabh Digha Steel and Allied Products Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Days Payable Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.59 0.00 0.88 3.44 1.03

BOM:531539 vs NUE, STLD, RS: Days Payable Comparison

For the Steel subindustry, Rishabh Digha Steel and Allied Products's Days Payable, along with its competitors' market caps and Days Payable data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Rishabh Digha Steel and Allied Products Days Payable vs Steel Industry

For the Steel industry and Basic Materials sector, Rishabh Digha Steel and Allied Products's Days Payable distribution charts can be found below:

* The bar in red indicates where Rishabh Digha Steel and Allied Products's Days Payable falls into.


BOM:531539
30GF Score
Rishabh Digha Steel and Allied Products Ltd BOM:531539
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Rishabh Digha Steel and Allied Products Days Payable Calculation

Days Payable indicates the number of days that the account payable relative to cost of goods sold the company has. An increase of Days Payable may suggest that the company delays paying its suppliers.

Rishabh Digha Steel and Allied Products's Days Payable for the fiscal year that ended in Mar. 2026 is calculated as

Days Payable (A: Mar. 2026 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Mar. 2025 ) + Accounts Payable (A: Mar. 2026 )) / count ) / Cost of Goods Sold (A: Mar. 2026 )*Days in Period
=( (0.068 + 0.067) / 2 ) / 9.701*365
=0.0675 / 9.701*365
=2.54

Rishabh Digha Steel and Allied Products's Days Payable for the quarter that ended in Mar. 2026 is calculated as:

Days Payable (Q: Mar. 2026 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Dec. 2025 ) + Accounts Payable (Q: Mar. 2026 )) / count ) / Cost of Goods Sold (Q: Mar. 2026 )*Days in Period
=( (0 + 0.067) / 1 ) / 5.931*365 / 4
=0.067 / 5.931*365 / 4
=1.03

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Days Payable →
What does a Days Payable of 1.03 mean?
Rishabh Digha Steel and Allied Products (BOM:531539) has a Days Payable of 1.03 as of Mar. 2026. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Rishabh Digha Steel and Allied Products and its competitors. This is 59% below median its historical median of 2.54. According to the industry distribution chart, Rishabh Digha Steel and Allied Products ranks #589 out of 598 companies in the Steel industry, placing it in the top 98.5%.
Is Rishabh Digha Steel and Allied Products' Days Payable too high?
Rishabh Digha Steel and Allied Products' current Days Payable of 1.03 is 59% below median its 10-year median of 2.54. The Steel industry median Days Payable is 41.37. Rishabh Digha Steel and Allied Products' value of 1.03 is 97.5% below this industry median. Based on the distribution chart, Rishabh Digha Steel and Allied Products ranks #589 out of 598 companies in the Steel industry, which is in the bottom quartile relative to peers. Overall, Rishabh Digha Steel and Allied Products has a GF Score™ of 30/100, reflecting its overall financial health beyond just this single metric.
How does Rishabh Digha Steel and Allied Products' Days Payable compare to NUE and STLD?
According to the Steel industry distribution chart, Rishabh Digha Steel and Allied Products ranks #589 out of 598 companies for Days Payable. This places Rishabh Digha Steel and Allied Products in the lower half of its industry. The industry median Days Payable is 41.37. Rishabh Digha Steel and Allied Products' value of 1.03 is 97.5% below this benchmark. While the company's 10-year median is 2.54 vs. the industry median of 41.37, Rishabh Digha Steel and Allied Products has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Days Payable for a Steel company?
The median Days Payable among Steel companies is 41.37, based on 598 companies in the industry. Companies in the top quartile (top 25%) have a Days Payable significantly above this median, while those in the bottom quartile fall well below. However, Days Payable should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Rishabh Digha Steel and Allied Products's current Days Payable of 1.03 is 97.5% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Days Payable mean?
A high Days Payable can signal that a stock is expensive relative to its fundamentals. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Rishabh Digha Steel and Allied Products and its competitors. For the Steel industry, the median Days Payable is 41.37 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Rishabh Digha Steel and Allied Products's current Days Payable is 1.03, which is 59% below median its own 10-year median of 2.54. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Rishabh Digha Steel and Allied Products stock overvalued right now?
Rishabh Digha Steel and Allied Products (BOM:531539) has a current Days Payable of 1.03. The current Days Payable is 1.03, which is 59% below median its 10-year median of 2.54 and 97.5% below the Steel industry median of 41.37. Rishabh Digha Steel and Allied Products' overall GF Score™ is 30/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Days Payable calculated?
Days Payable is calculated from a company's financial statements. For Rishabh Digha Steel and Allied Products (BOM:531539), the current Days Payable is 1.03 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Rishabh Digha Steel and Allied Products Business Description

Address Sant Tukaram Road, Iron Market, Giriraj Building, Ground Floor, Masjid Bunder (East), Mumbai, MH, IND, 400009
Rishabh Digha Steel and Allied Products Ltd is an Indian company engaged in the business of manufacturing iron and steel products. The company is involved in the straightening, de-coiling, and cutting of iron and steel coils.
30GF Score

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₹41.31
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